10-Q Filing

MultiSensor AI Holdings, Inc. CIK: 1863990 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001410578-22-003184`
Period End Date	20220930
Filing Date	20221110
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	smapu-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 48 Income Statement 24 Cash Flow Statement 24 Stockholders Equity 21

Balance Sheet 48 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$931.27K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$347.67K	USD	Point-in-time
Prepaid expenses - current	`PrepaidExpenseCurrent`	$384.73K	USD	Point-in-time
Prepaid expenses - current	`PrepaidExpenseCurrent`	$222.01K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$569.68K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.32M	USD	Point-in-time
Prepaid expenses - non-current	`PrepaidExpenseNoncurrent`	$111.45K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common shares, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$117.31M	USD	Point-in-time
Common shares, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$118.09M	USD	Point-in-time
Total assets	`Assets`	$118.74M	USD	Point-in-time
Common shares, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common shares, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total assets	`Assets`	$118.66M	USD	Point-in-time
Accrued offering costs and expenses	`AccruedOfferingCosts`	$170.66K	USD	Point-in-time
Accrued offering costs and expenses	`AccruedOfferingCosts`	$175.66K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxes`	$61.31K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$21.36K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$24.61K	USD	Point-in-time
Total liabilities	`Liabilities`	$200.27K	USD	Point-in-time
Total liabilities	`Liabilities`	$253.32K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,550,000 shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption) as of September 30, 2022 and December 31, 2021	`CommonStockValue`	$356.00	USD	Point-in-time
Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,550,000 shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption) as of September 30, 2022 and December 31, 2021	`CommonStockValue`	$356.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.65M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.21M	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$-546.97K	USD	Point-in-time
Accumulated earnings	`RetainedEarningsAccumulatedDeficit`	$-413.95K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$24.56K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$785.62K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$660.39K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$24.59K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$1.24M	USD	Point-in-time
Total Liabilities, Redeemable Common Stock and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$118.74M	USD	Point-in-time
Total Liabilities, Redeemable Common Stock and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$118.66M	USD	Point-in-time

Income Statement 24 line items

Line Item	Tag	Value	Unit	Period
Formation and operating cost	`OperatingCostsAndExpenses`	$30.00	USD	1 Quarter
Formation and operating cost	`OperatingCostsAndExpenses`	$443.00	USD	2 Qtrs
Formation and operating cost	`OperatingCostsAndExpenses`	$795.52K	USD	3 Qtrs
Formation and operating cost	`OperatingCostsAndExpenses`	$253.95K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-253.95K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-30.00	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-443.00	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-795.52K	USD	3 Qtrs
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$777.81K	USD	3 Qtrs
Interest earned on investments held in Trust Account	`InvestmentIncomeInterest`	$541.22K	USD	1 Quarter
Total other income	`NonoperatingIncomeExpense`	$777.81K	USD	3 Qtrs
Total other income	`NonoperatingIncomeExpense`	$541.22K	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.00	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$287.26K	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-443.00	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-17.71K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$103.16K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$115.31K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-443.00	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-133.01K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-30.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$184.11K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-413.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-317.12K	USD	2 Qtrs

Cash Flow Statement 24 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-443.00	USD	2 Qtrs
Net loss	`ProfitLoss`	$-133.01K	USD	3 Qtrs
Interest earned on investments held in Trust Account	`InterestEarnedOnInvestmentHeldInTrustAccount`	$777.81K	USD	3 Qtrs
Formation costs paid by related party	`FormationCostsPaidByRelatedParty`	$388.00	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-274.17K	USD	3 Qtrs
Accrued offering costs and expenses	`IncreaseDecreaseInAccruedLiabilities`	$-5.00K	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$61.31K	USD	3 Qtrs
Due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-3.26K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-583.60K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-55.00	USD	2 Qtrs
Proceeds from issuance of common stock to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	2 Qtrs
Proceeds from issuance of promissory note to related party	`ProceedsFromRelatedPartyDebt`	$46.00	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$25.05K	USD	2 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-583.60K	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$24.99K	USD	2 Qtrs
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$347.67K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.99K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$931.27K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$347.67K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.99K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$931.27K	USD	Point-in-time
Deferred offering costs paid by Sponsor under promissory note	`DeferredOfferingCostsPaidBySponsorUnderPromissoryNote`	$267.30K	USD	2 Qtrs
Remeasurement of common stock subject to possible redemption	`RemeasurementsOfCommonStockSubjectToPossibleRedemption`	$444.71K	USD	3 Qtrs
Deferred offering costs included in accrued offerings costs and expenses	`DeferredOfferingCostsIncludedInAccruedOfferingsCostsAndExpenses`	$20.09K	USD	2 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance at the beginning	`StockholdersEquity`	$24.56K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$785.62K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$660.39K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	-	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$24.59K	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.24M	USD	Point-in-time
Remeasurement of carrying value to redemption value of shares subject to possible redemption	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$-135.37K	USD	2 Qtrs
Remeasurement of carrying value to redemption value of shares subject to possible redemption	`TemporaryEquityAccretionToRedemptionValueAdjustment`	$-309.34K	USD	1 Quarter
Issuance of common stock to Sponsor	`TemporaryEquityStockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-443.00	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-133.01K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-30.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$184.11K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-413.00	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-317.12K	USD	2 Qtrs
Balance at the end	`StockholdersEquity`	$24.56K	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$785.62K	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$660.39K	USD	Point-in-time
Balance at the end	`StockholdersEquity`	-	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$24.59K	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.24M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.